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Property for sale information

 
590-Luxury Apartment in Finest part of Vilamoura  
Reference nr: 590
Description:

Algarve Property Ireland is pleased to present this luxury two bedroom apartment located in Vilamoura. It is being sold complete with all furniture and ready to walk into. This is the perfect property package!

The apartment is south facing, air-conditioned and is in a small block of only sixteen apartments. Located on the second floor, the accommodation consists of an entrance hall with double doors leading into the living/dining room with fireplace. There are also large double glazed doors leading out to a spacious terrace overlooking the pool. There are two double bedrooms (master en-suite), family size bathroom and a fully fitted and equipped modern kitchen.

Situated in the finest part of Vilamoura, the apartment is surrounded by the Laguna, Millennium and Victoria golf courses. It is also just a short distance to the marina, beach and all the amenities of Vilamoura.

The extensive range of facilities in Vilamoura include:

- Marina berthing 1000 yachts
- Six championship golf courses
- Restaurants, cafes, bars
- Casino
- 5 star hotels
- Portugal’s newest luxury Spas at the Hilton and Lake Resort
- Golf academy and crazy golf
- Cinema
- High end designer shops
- Water sports
- The magnificent Falesia beach
- Supermarkets
- English speaking pharmacies and doctors
- Tennis club
- Browne’s gym
- Horse riding, bike rental
- Historical centre (at the Roman Villa)
- Water park
- Tourist shuttle train service (beach, golf, marina)

Vilamoura is only 25 minutes from Faro airport which is serviced by Ryanair, Aer Lingus, AerArann and Easyjet.

Bedrooms: Bathrooms: Price (€):
2 2 275,000
Features:
Beach
Furnished
Golf
Submission Date:
09-24-2008
Last Update:
11-05-2008
Advertiser Details:


Name:
SMART BUYERS DONT WAIT TO BUY - THEY BUY AND WAIT

Company:
Algarve Property Ireland

Phone:
+353 1 6405364
Fax:

Mobile:
+351 96 1855 649

 
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Calculators

 
Property price: €275,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations